Welcome To Transylvania, Romania, European Union

Startups in Transylvania

 

Hello and welcome to Transylvania Beyond's guide to starting a small business in Transylvania. If you're interested in opening a business here or you simply want to learn more about the relocation opportunities, you're in the right place


Cluj Indoor Arena

Cluj Indoor Arena

CORPORATE TAXATION

Romania has one of the lowest tax rates on the continent: the standard corporate tax rate is 16%, about half the tax you would pay in France, Germany or Italy. All companies with less than 100.000 euro revenue per year are subject to an even smaller rate: 1-3%. Fiscal incentives include tax exemption for the reinvested profit. The income tax for IT&C employees is 0%. The tax on dividends is 5%.

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PERSONAL TAXATION

Resident individuals are taxed on their worldwide income irrespective of the type or source of income; a flat rate of 16% applies. You will pay about 3x less than in UK, France or Germany.

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INTRODUCING Cluj

Find out more about doing business in Cluj, the most important city in Transylvania

Read about: public Institutions, business clusters, business clubsbusiness associations, international cultural centers, consulates, industrial parks and universities.

 

More about Cluj: European Youth Capital in 2015, ranked 1st as the city most welcoming to foreigners according to an EU study, the least polluted city in Europe, the most attractive growth pole in Romania, according to KPMG.

 

Cluj, among the Top 3 fastest growing economies in the EU

Cluj tripled its GDP per capita in the last 13 years. The economy of Cluj is growing 4x faster than the economy of the strongest cities on the continent. Around 20% of the workforce is employed in the creative and innovative industries. About 40% of the population of the metropolitan area are students or have recently graduated. The IT sector grew more than 10x in the last decade.

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DOING BUSINESS IN ROMANIA

Invest Romania

The website created by the Romanian government for companies that want to invest in Romania. You will find info about the macroeconomy, education, wages, cost of living, tax, infrastructure, doing business, government support, success stories. Romania is among the Top 3 countries with the highest GDP growth in EU, according to Eurostat.

If you make 4500 pounds a month in London, you would need to make 1365 pounds in Romania to maintain the same standard of life

If you open a business in Romania, you should know that overall, the hourly labor costs in Romania are around 5 euro/hour, which is 5x less than the EU average.

Liberty Technology Park, Cluj

Liberty Technology Park, Cluj

Download the official 'Foreign Investor's Guide 2016'

 

Romania trade & export guide by gov.uk

This guide was created by the British Government for British businesses interested in developing their overseas trade and doing business in Romania. The guide contains information about: challenges of doing business in Romania, growth potential of the market, trade between the UK and Romania opportunities in Romania, start-up and market entry considerations, legal considerations, tax and customs considerations, entry requirements, who to contact for more help.

The Office, business center in Cluj, Transylvania

The Office, business center in Cluj, Transylvania

 

Benefits for UK businesses investing in Romania:

Domestic market of nearly 20 million consumers, English is widely spoken, gateway to markets of the CIS and Balkans, low cost flights between Romania and the UK. The EU has allocated EUR 23 billion to Romania until 2020. The funds will contribute to investments in Romanian infrastructure, human development, regional development. Resulting projects will offer good prospects for UK businesses.

 

Strengths of the Romanian market include:

Young, skilled and educated workforce, well established support in Romania from foreign lawyers, accountants and consultants, implementation of Single Euro Payments Area (SEPA) standards for euro payments, plentiful natural resources, western business practices

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The Amcham's Guide to Investing in Romania

Another excellent source of information in English about investing in Romania comes from the American Chamber of Commerce in Romania. The guide covers general information about Romania, forms of business organization, taxation, banking and finance, general commercial rules, real estate in Romania, EU funding, labour regulations and employment standards, the legal system, protection of intellectual and industrial property, accounting, competition in Romania - main legal issues and environmental protection.

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Romanian startups

The Romanian tech startups directory: startups, founders, incubators, accelerators, events. Find out what's hot on the Romanian startup scene and connect with relevant startups. It is noteworthy that Liverail, one of the most successful tech startups in Eastern Europe of all times - recently bought by Facebook for $500 mln - was created in Cluj, Transylvania.

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Do I need a visa?

Find out here if you need a visa to Romania. A detailed list of countries that need a visa for Romania can be found here. If you're interested in a permanent residence in Romania you can find more information here.


COST OF LIVING

If you relocate from London to Cluj, you'll be paying about 6x less for rent, 6x less for transportation, 4x less for salaries if you're an employer, 3x less for food and yes, 4x less for beer. Brilliant!

Muzeului Square, Cluj

Muzeului Square, Cluj

CLUJ VS. LONDON / PRICE COMPARISON

 

RESTAURANTS

Meal, Inexpensive Restaurant (3.70 £ vs. 15.00 £), Meal for 2 People, Mid-range Restaurant, Three-course (15.19 £ vs. 54.00 £), McMeal at McDonalds or Equivalent Combo Meal (3.42 £ vs. 5.00 £), Domestic Beer, 0.5 liter draught (0.95 £ vs. 4.00 £), Imported Beer, 0.33 liter bottle (1.33 £ vs. 4.00 £), Cappuccino, regular (1.09 £ vs. 2.61 £), Coke/Pepsi, 0.33 liter bottle (0.85 £ vs. 1.15 £), Water, 0.33 liter bottle (0.67 £ vs. 0.94 £).

 

MARKETS

Milk, regular, 1 liter (0.77 £ vs. 0.92 £), Loaf of Fresh White Bread, 500g (0.46 £ vs. 0.99 £), Rice, white, 1kg (0.78 £ vs. 1.46 £), Eggs, 12 (1.35 £ vs. 2.19 £), Local Cheese, 1kg (5.00 £ vs. 5.82 £), Chicken Breasts, Boneless, Skinless, 1kg (3.37 vs. £6.76 £), Beef Round, 1kg, or Equivalent Back Leg Red Meat (5.57 £ vs. 9.13 £), Apples, 1kg (0.64 £ vs. 1.89 £), Banana, 1kg (0.95 £ vs. 1.04 £), Oranges, 1kg (0.81 £ vs. 1.88 £), Tomato, 1kg (0.89 £ vs. 1.92 £), Potato, 1kg (0.38 £ vs. 1.21 £), Onion 1kg (0.41 £ vs. 1.03 £), Lettuce, 1 head (0.50 £ vs. 0.75 £), Water, 1.5 liter bottle (0.47 £ vs. 0.89 £), Bottle of Wine, Mid-Range (3.80 £ vs. 8.00 £), Domestic Beer, 0.5 liter bottle (0.58 £ vs. 1.57 £), Imported Beer, 0.33 liter bottle (0.85 £ vs. 1.76 £), Pack of Cigarettes, Marlboro (2.94 £ vs. 9.00 £).

 

TRANSPORTATION

One-way Ticket, Local Transport (0.38 £ vs. 2.50 £), Monthly Pass, Regular Price (11.39 £ vs. 130.00 £), Taxi Start, Normal Tariff (0.43 £ vs. 3.00 £), Taxi 1km, Normal Tariff (0.43 £ vs. 3.11 £), Taxi 1hour Waiting, Normal Tariff (4.27 £ vs. 47.10 £), Gasoline, 1 liter (0.98 £ vs. 1.11 £), Volkswagen Golf 1.4 90 KW Trendline Or Equivalent New Car (14,053.46 £ vs. 18,000.00 £)

 

UTILITIES (MONTHLY)

Basic - Electricity, Heating, Water, Garbage - for 85m2 Apartment (80.33 £ vs. 149.84 £), 1 min. of Prepaid Mobile Tariff Local, No Discounts or Plans (0.12 £ vs. 0.16 £), Internet, 10 Mbps, Unlimited Data, Cable/ADSL (5.92 £ vs. 24.19 £)

 

SPORTS & LEISURE

Fitness Club, Monthly Fee for 1 Adult (21.40 £ vs. 47.80 £), Tennis Court Rent, 1 Hour on Weekend (7.81 £ vs. 11.76 £), Cinema, International Release, 1 Seat (3.80 £ vs. 12.00 £)

 

CLOTHING AND SHOES

1 Pair of Jeans, Levis 501 Or Similar (36.47 £ vs. 64.26 £), 1 Summer Dress in a Chain Store, Zara, H&M (26.63 £ vs. 32.11 £), 1 Pair of Nike Running Shoes, Mid-Range (51.57 £ vs. 64.61 £), 1 Pair of Men Leather Business Shoes (59.81 £ vs. 76.60 £)

 

RENT PER MONTH

Apartment, 1 bedroom, in City Centre (251.22 £ vs. 1,674.84 £), Apartment, 1 bedroom, Outside of Centre (181.62 £ vs. 1,164.52 £), Apartment, 3 bedrooms, in City Centre (430.24 £ vs. 3,308.44 £), Apartment, 3 bedrooms, Outside of Centre (303.47 £ vs. 1,926.98 £)

 

BUY APARTMENT PRICE

Price per Square Meter to Buy Apartment in City Centre (1,122.53 £ vs. 16,953.47 £), Price per Square Meter to Buy Apartment Outside of Centre (868.90 £ vs. 8,077.21 £)

 

SALARIES AND FINANCING

Average Monthly Disposable Salary, Net After Tax (411.18 £ vs. 2,030.56 £)

 

Compare other cities here

 

EXPATS IN Cluj

Unirii Square, Cluj

Unirii Square, Cluj

 

I LOVE CLUJ

The largest online community of any city in Romania. Read what the expats in Cluj are saying about their relocation to Transylvania.

 

INTERNATIONS

A large expat community. you can find useful information about moving to Romania, working and living here, events for expatriates.

 

EXPAT EXCHANGE

Forum for expats living in Romania or people considering a move to Romania.

 

EXPAT IN ROMANIA

Life in Cluj, Transylvania, through the eyes of an expat.

 

ROMANIA INSIDER

Daily news in English about life in Romania: expat life, experiences, voice of the community and financial affairs

 

Do I need a visa to travel to Romania or move there?

Find out here


YOUR TRIP TO CLUJ

Cluj skyline

Cluj skyline

 

LONELY PLANET

Cluj is big on charm and in no time you'll be infected by it; boulevards, baroque architecture, bohemian cafe society, and back streets animated with bon viveurs and subterranean bars.

 

CLUJ.COM

If you plan to visit Cluj, this guide will help you find out where to stay, where to eat, places to see

 

VISIT CLUJ-NAPOCA

The official tourist guide for Cluj, created by the tourist board of the City of Cluj-Napoca

 

CLUJ21

Cluj is a candidate for the European Capital of Culture 2021 

 

CLUJ GREETERS

You can book a tour and a local will show you around. It's a non-profit initiative and the best part, it's free!

 

WIKITRAVEL ABOUT CLUJ

Getting there and around, tips about restaurants, bars, and accomodation

 

HUFFINGTON POST ABOUT CLUJ

A list of 25 reasons to visit the city, emphasizing the mysterious, the bohemian, modern and archaic side of Cluj

 

THE TELEGRAPH ABOUT TRANSYLVANIA

Reveals the love story between Transylvania and its most famous (unofficial) ambassador, Prince Charles

 

THE INDEPENDENT ABOUT TRANSYLVANIA

Talks about the picturesque and unique landscapes of Transylvania, its beautiful citadels and the land history

 

FLY TO CLUJ

 

Cluj Arena and Somes river

Cluj Arena and Somes river

WIZZAIR

Direct low-cost flights to Cluj from London (Luton), Sheffield (Doncaster) and 28 other cities

 

BLUEAIR

Direct low-cost flights to Cluj from Birmingham, Liverpool and other cities.

 

CLUJ AIRPORT

1,5 million passengers and direct flights to 35 destinations

 

INTERNATIONAL SCHOOLS IN CLUJ

 

Royal School, accredited by the Council of British International Schools

Royal School, accredited by the Council of British International Schools

ROYAL SCHOOL IN TRANSYLVANIA

Contact Andrea Anton:  andreea.anton@royalschool.ro  |  +40 364 805 802

 

TRANSYLVANIA COLLEGE

Contact Anca Rusu: anca.rusu@transylvania-college.ro  |  +40 724 047 566

 

PRIVATE HEALTHCARE IN CLUJ

Private medical services can be 2x-7x cheaper in Cluj compared to the UK

Polaris Hospital, Cluj

Polaris Hospital, Cluj

POLARIS HOSPITAL

Contact: office@polarismedical.ro  | +40 364 805 802

 

MEDICOVER

Contact Rares Gavrilescu: rares.gavrilescu@medicover.ro  |  +40 752 104 938

 

REGINA MARIA

Contact: office.cluj@reginamaria.ro  |  +40 372 548 701

 

MEDLIFE

Contact: internationaldesk@medlife.ro  |  +40 264 960

 

Shopping IN CLUJ

 

Iulius Mall

448,820 SQ FT, 200 STORES, HYPERMARKET, 36 RESTAURANTS, CINEMA, SWIMMING POOL, PLAYGROUND

Iulius Mall, Cluj

Iulius Mall, Cluj

 

Polus Mall

676,880 SQ FT, 200 STORES, HYPERMARKET, 32 RESTAURANTS, CINEMA, FITNESS

Polus Mall, Cluj

Polus Mall, Cluj


Entertainment IN CLUJ

 

Untold Festival

EUROPE'S BEST MAJOR FESTIVAL 2015 IN EUROPEAN FESTIVAL AWARDS. 4-7 AUGUST 2016, CLUJ, TRANSYLVANIA. LINE-UP: ARMIN VAN BUUREN, DIMITRI VEGAS & LIKE MIKE, HARDWELL, MARTIN GARRIX, TIESTO, AFROJACK, FAITHLESS, PAROV STELAR, SCOOTER.

4 DAYS PASS: 76 £

Untold Festival, Europe's Best Major Festival

Untold Festival, Europe's Best Major Festival

 

Electric Castle Festival

TAKES PLACE ON THE SPECTACULAR TRANSYLVANIAN DOMAIN OF THE BÁNFFY CASTLE, NEAR CLUJ BETWEEN 14-17 JULY 2016. LINE-UP: SKRILLEX, SIGUR ROS, BRING ME THE HORIZON, BASTILLE

4 DAYS PASS: 75 £

Electric Castle Festival

Electric Castle Festival

 

Transylvania International Film Festival

THE MOST IMPORTANT FILM-RELATED EVENT IN ROMANIA, ONE OF THE WORLD'S TOP 50 LEADING FILM FESTIVALS. MAY 27 - JUNE 05 2016

35 MOVIES PASS: 56 £

Transylvania International Fim Festival, outdoor projection

Transylvania International Fim Festival, outdoor projection

 
 

Around Cluj

It's hard to say what is the #1 reason why you should be relocating to Cluj, Transylvania. But the spectacular outdoors could certainly be the one

 

13 miles from Cluj

Tarnita Lake

Map

Tarnita - One of the beautiful lakes in the Apuseni Mountains

Tarnita - One of the beautiful lakes in the Apuseni Mountains

 

18 miles from Cluj

Turda Gorge

Map

Majestic alpine landscapes nearby Cluj

Majestic alpine landscapes nearby Cluj

 

21 miles from Cluj

Salina Turda

Map

These ancient salt mines nearby Cluj are the most spectacular underground place on Earth, according to Business Insider

These ancient salt mines nearby Cluj are the most spectacular underground place on Earth, according to Business Insider

 

37 miles from Cluj

Rimetea

Map

This UNESCO-Heritage Site is a Medieval Hungarian village surrounded by beautiful mountains located in central Transylvania

This UNESCO-Heritage Site is a Medieval Hungarian village surrounded by beautiful mountains located in central Transylvania

 

46 miles from Cluj

Valea Draganului

Map

The northern part of Apuseni mountains

The northern part of Apuseni mountains

 

62 miles from Cluj

Alba Iulia Citadel

Map

Romania's largest citadel was built by the Austrians centuries ago for defensive purposes

Romania's largest citadel was built by the Austrians centuries ago for defensive purposes

 

65 miles from Cluj

Apuseni Natural Park

Map

Apuseni Natural Park that can be reached in less than 2 hours from Cluj

Apuseni Natural Park that can be reached in less than 2 hours from Cluj

 

REAL ESTATE AGENCIES IN CLUJ

You can rent a studio in the Old Town of Cluj for 250 pounds per month

You can rent a studio in the Old Town of Cluj for 250 pounds per month

 

BLITZ IMOBILIARE

Contact: office@blitz-imobiliare.ro  | +40 264 333 777

 

WELT IMOBILIARE

Contact: office@weltimobiliare.ro |  +40 752 223 266

 

EDIL IMOBILIARE

Contact: office@edil.ro  |  +40 721 290 522

 

RBC IMOBILIARE

Contact: office@rbcimobiliare.ro  |  +40 757 129 791

 

NAPOCA IMOBILIARE

Contact:  office@napocaimobiliare.ro  |  +40 786 111 444

 


CO-WORKING SPACES IN CLUJ

Co-working in Cluj

Co-working in Cluj

 

IMPACT HUB

Contact Madalina Martin: madalina.martin@impacthub.ro  |  +40 743 016 788

 

CLUJ COWORK

Contact Madalina Grecu: contact@clujcowork.ro  |  +40 751 030 413

 

CHAOS CC

Contact Claudiu Marginean: chaosclubcluj@gmail.com  |  +40 720 801101

 

CLUJ HUB

Contact: contact@clujhub.ro  |  +40 753 461 740

 


STARTUP & TECH ECOSYSTEM IN CLUJ

 

RECOMMENDED PARTNER

CLUJ IT CLUSTER

Cluj IT is a cluster based organization formed of active organizations in the information technology field: providers of software services and solutions, universities and research institutes, public bodies and other catalyst organizations

Contact Ioan Dragan: ioan.dragan@clujit.ro

Unirii Square, Cluj

Unirii Square, Cluj

 

ITECH TRANSYLVANIA CLUSTER

Contact Bianca Muntean: bianca.muntean@aries-transilvania.ro  |  +40 742 225 405

 

CLUJ INNOVATION CITY

Contact Ioan Dragan: contact@clujinnovationcity.com

 

SPHERIK ACCELERATOR

Contact Jennifer Austin:  jennifer@spherikaccelerator.com

 

CLUJ MEETUP COMMUNITIES

Contact forms available on the website

 

SPRING POINT

Contact Cristian Dascalu: cristian@sprintpoint.ro  |  +40 742180 889

 

CLUJ STARTUPS

Contact: clujstartups@gmail.com

 

STARTUP TRANSYLVANIA

Contact Cristian Dascalu: cristian@startuptransilvania.ro  |  +40 742180 889

 

TRANSYLVANIA EVOLUTION

Contact Ciprian Tudor: transylvaniaevolution@gmail.com  |  +40 745 546 088

 

TECH ACADEMY

Contact Olivia Frosin: olivia@techacademy.ro  |  +40 744 549 898

 

INVEST CLUB

Contact Cristian Bordei: cerrbo@gmail.com  |  +40 724 226 593

 

TECHSYLVANIA

Contact: contact@techsylvania.co

 

CLUJ STARTUP WEEKEND

Contact form available on the website

 

IT CAMP CLUJ

Contact form available on the website

 

OTHER USEFUL CONTACTS IN CLUJ

 

RECOMMENDED PARTNER

BRITISH ROMANIAN CHAMBER OF COMMERCE

The British Romanian Chamber of Commerce is the premier business-led organisation promoting bilateral trade and investment between the United Kingdom and Romania.

Contact: shajjad.rizvi@brcconline.eu  |  +40 744 873 340

The river bank in Cluj

The river bank in Cluj

 

BRITISH COUNCIL CLUJ

Contact: bc.cluj@britishcouncil.ro  |  +40 264 594 408

 

ENTERPRISE BUSINESS NETWORK

The Enterprise Europe Network is the world's largest support network for small and medium sized businesses (SMEs) with international ambitions. It has 3,000 experts across 600 member organisations in more than 60 countries. Member organisations include chambers of commerce and industry, technology centres, and research institutes.

Contact Oana Stanculescu: bisnet@nord-vest.ro|  +40 758 777 154


MORE PHOTOS

 
 

Are you interested to open a company in Cluj or Transylvania?

Transylvania Beyond built a network of local companies that can help you with company registration, professional accounting services, human resources, business and marketing consultancy and help you connect with relevant business partners in Transylvania

Our colleagues will contact you to schedule a call and discuss your specific needs